“Net profit “inter RAO UES” according to RAS for 9 months fell 7 times

Net profit of JSC “inter RAO UES” according to RAS for 9 months of 2017, compared to the same period in 2016 fell 7 times, to 5.4 billion rubles the company’s Revenue amounted to 31.5 billion rubles versus 33.1 billion RUB, the company informed.

Including revenue from electricity exports decreased by 10.5% to 21.2 bln RUB 23.7 billion RUB., sales of power equipment fell to 223,3 million RUB from 2.4 billion rubles. the Cost has increased by 3% and amounted to 25.4 billion RUB compared to 24.6 billion RUB, the company informed.

Short-term borrowings at the period end amounted to 18 billion rubles, and at the beginning of the period – 31 December 2016 – they were absent. The company has no long-term borrowings. “Inter RAO” – a generating company controlled by the state. Installed capacity of about 31 GW.

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